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5-Unit Apartment Building

13103 Old Mudbrook Rd, Milan, OH 44846

For Sale
$275,000

Four apartments are occupied, and one is vacant.

Property Size3,930 SF
Price / SF$69.97
Days on Market19

Property Features for 13103 Old Mudbrook Rd

General Information

Standard status Active
Size 3,930 SF
Property subtype Residential Income

Units

Unit Mix 5 x 2BR/1BA
Multifamily Units 5
Individually Metered Utilities electricity

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,234
Listing Agency: Berkshire Hathaway HomeServices Pro. - Sandusky
Listed By: Tarina M. Sidoti
Source: Exprealty
Added: Oct 20 Changed: Nov 6 Last Checked: Nov 6 at 11:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Pro. - Sandusky

Rey
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Investment Insights

Based on property information with market context.

This five-unit residential property is located in a rural setting within the Edison School District. Each apartment has two bedrooms and one bathroom. Four units are occupied; the fifth is vacant and available for viewing. The vacant apartment may be updated, according to the property information.

Each unit has its own electric service. Water and septic are shared across the property, and Franklin Sanitation maintains the septic system.

Key Highlights

  • Five residential apartments, each with 2 bedrooms and 1 bathroom
  • Four of the five units are occupied; one apartment is vacant
  • Separate electric service for every apartment

Property Analytics

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Lease Details

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

Demographics for 44846, OH

3,322
Population
1,334
Households
2.5
Avg Household Size
44
Median Age
32%
College-Educated
96%
High-School Grad
22.3 sq mi
ZIP Area
149
Density / Sq Mi
$97,109
Median Household Income
$44,323
Median Earnings
$963
Median Rent
$235,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four apartments are occupied, and one is vacant.
Where is this apartment building located?
The property is located at 13103 Old Mudbrook Rd Milan, OH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Five residential apartments, each with 2 bedrooms and 1 bathroom; Four of the five units are occupied; one apartment is vacant; Separate electric service for every apartment
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